Workshop Calendar

Accounting - Introduction (ACC001)

Who Should Attend:

All levels of staff involved in any financial and/or accounting duties. This workshop is highly recommended as a prerequisite or in conjunction with SAP training.

Office Professionals Certificate Elective Credit

Overview of the Workshop:

This two-day workshop will provide participants with the fundamental tools and language of accounting, key definitions, basic steps of the accounting cycle, the budgets and estimates process and the commitment accounting concept.

Learning Objectives:

• explain the fundamental accounting equation and double entry recording
• define common financial terms: assets, liabilities, owner's equity revenues and expenses
• explain the use and benefits of the balance sheet and income statement
• explain the purpose of the general ledger, chart of accounts, journal entries and posting
• define fixed assets and apply the concept of depreciation
• apply the nine steps of the accounting cycle
• explain the budgets and estimates process

Facilitator:

• Ray Sherwood, C.A.

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